Author: Charlotte

CoinShares (NASDAQ: CSHR) has indicated that Bitcoin demonstrated notable sensitivity to U.S. economic data this week, rebounding from a cycle low near $57,000 following weaker-than-expected employment figures. According to CoinShares’ latest analysis, June nonfarm payrolls added just 57,000 jobs against consensus expectations of 115,000, while the unemployment rate eased to 4.2% from 4.3%. The softer print triggered a decline of more than five basis points in the two-year Treasury yield and prompted markets to delay expectations for near-term Federal Reserve rate hikes. Bitcoin moved in tandem with these shifting rate expectations, highlighting its continued short-term correlation with dollar liquidity and…

Luxembourg fund industry wrestles with efficiency drive amid uncertain outlook Luxembourg Times Source link

Private Equity labels on hundred dollar billgettyHow do you succeed in business? You have to have product fit, sure, but what about people?There are any number of leadership books purporting to direct would-be career professionals on how to manage, in so many different ways, including the leadership of a workforce, which is one of the stickier parts of being a leader, in general. Do people want to be led? If so, how? How do you balance loyalty to the job with loyalty to people?I recently interviewed David Mussafer of Advent International, a local private equity firm with a big reach,…

Cryptocurrencies are a relatively new asset class. However, even in a bear market, the industry commands a meaningful market cap of $2.1 trillion. And there are well-known pioneers who have developed significant brand power and recognition among investors. Bitcoin (BTC +0.93%) is the most valuable digital asset. And it’s been around for almost two decades. There’s also Dogecoin (DOGE +2.24%), a meme token launched in December 2013. If you’re looking to invest $500 in cryptocurrencies, which of these two is the better choice? Image source: Getty Images. Scarcity matters most In the past 10 years, Bitcoin’s price has rocketed 8,800%…

Dull and robotic or jiu-jitsu tech bro — what is real Mark Zuckerberg like behind the scenes?Who is Mark Zuckerberg really? Is he the awkward, robotic tech billionaire seen in public, or something very different behind closed doors?Sheera Frenkel, Pulitzer Prize winning New York Times journalist and co-author of the bestselling An Ugly Truth: Inside Facebook’s Battle for Domination, joins Adrian to examine the Meta chief’s personality, upbringing and leadership style.From his privileged childhood and early coding obsession to Facebook’s move fast culture, Zuckerberg’s rise is a story of relentless ambition, fierce control and extraordinary resilience.Why you can trust the…

BlackRock Inc. (ISIN US09247X1019) is widely recognized as one of the largest global asset managers, overseeing trillions of dollars in client assets across equities, fixed income, cash management, alternatives, and multi-asset solutions. As investors reassess risk in light of changing inflation and interest-rate expectations, the firm’s scale and diversified product lineup remain central to its long-term positioning in the asset management industry.Recent coverage of BlackRock’s business highlights how institutional and retail clients are paying closer attention to portfolio construction, risk management, and cost efficiency. The company’s broad range of index funds and exchange-traded funds has become a core component in…

KUALA LUMPUR (July 2): Malaysia’s position, role and influence as a trading nation, straddling global trade routes and supply chains, is a trademark of its economic diplomacy, Prime Minister Datuk Seri Anwar Ibrahim said. He noted that over the years, the government has worked to deepen economic ties with traditional trading and investment partners. Anwar, who is also finance minister, said Malaysia has been at the forefront of efforts to streamline tariffs, improve market access and facilitate more equitable investment flows through existing free trade agreements, including the Asean Free Trade Area, the Regional Comprehensive Economic Partnership (RCEP) and the…

The Asian Development Bank (ADB) has approved a $230 million loan to modernise and expand Chennai’s water supply and sanitation infrastructure, a project expected to benefit about 4.5 million residents across the Greater Chennai area.The project includes the construction of more than 170 km of water supply and sewer pipelines, the upgrade of seven water pumping stations and 38 sewer pumping stations, and measures to strengthen the management of water utility assets and operations through performance-based contracts, the ADB said on Friday.The multilateral lender said Chennai will become the first Indian city to implement a comprehensive ring-main water distribution system,…

The Bank for International Settlements published its Annual Economic Report on June 23, with a dedicated chapter arguing that stablecoins lack the fundamental monetary properties required to function as reliable payment instruments. The core problem, according to the BIS, is something called “singleness,” which is the ability to be redeemed at par with central bank money. Chapter III of the report, co-authored by Frank Smets and Gaston Gelos, lays out a methodical case against the current architecture of stablecoins. Gelos, who serves as the BIS Deputy Head of the Monetary and Economic Department, put it bluntly in a Reuters podcast:…

When the U.N. released its latest index of “happiest countries,” it probably came as no surprise to Bernie Sanders and Alexandria Ocasio-Cortez that all of the Scandinavian countries finished in the top ten. They often cite them as models for their far-left policy prescriptions. Sanders doesn’t point to China, Cuba, or Venezuela when pushing his vision for America, but to Denmark. Surveying its spacious safety net and liberal benefits such as free education and universal health care, the socialist senator says enthusiastically, “We can learn a lot from Denmark.” Ocasio-Cortez agrees. As the unofficial head of the House’s Progressive Caucus,…